Trex Net Receivables vs Cash And Short Term Investments Analysis

TREX Stock

USD 67.33 0.49 0.72%

Trex financial indicator trend analysis is much more than just breaking down Trex Company prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trex Company is a good investment. Please check the relationship between Trex Net Receivables and its Cash And Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trex Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Net Receivables vs Cash And Short Term Investments

Net Receivables vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trex Company Net Receivables account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.

The correlation between Trex's Net Receivables and Cash And Short Term Investments is 0.78. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Trex Company, assuming nothing else is changed. The correlation between historical values of Trex's Net Receivables and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Trex Company are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Receivables i.e., Trex's Net Receivables and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.78

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Receivables

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Trex Company balance sheet. This account contains Trex investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Trex Company fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Trex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trex Company current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trex Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

At this time, Trex's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.18 in 2025, whereas Tax Provision is likely to drop slightly above 55.3 M in 2025.

	2022	2023	2024	2025 (projected)
Interest Expense	30.7M	5K	5.8K	5.5K
Depreciation And Amortization	44.3M	50.2M	57.7M	60.6M

Interest Expense Depreciation And Amortization

Trex fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Common Stock Shares Outstanding		0.13	-0.09	0.2	0.15	0.12	0.1	-0.09	0.06	0.35	0.02	0.1	0.07	0.02	0.19	0.04	0.03	0.12	0.26	0.15	0.12	0.09	0.14	-0.01	0.07	0.69
Total Assets	0.13		0.34	0.81	0.53	0.99	0.95	0.09	0.98	0.62	0.25	0.97	-0.16	0.25	0.56	0.12	0.89	0.96	0.14	-0.91	0.76	0.89	0.67	0.26	-0.78	0.77
Short Long Term Debt Total	-0.09	0.34		0.14	0.93	0.18	0.31	0.75	0.3	0.03	-0.09	0.3	-0.93	-0.09	0.23	-0.08	0.39	0.53	0.61	-0.49	0.8	0.2	0.31	0.97	-0.3	0.22
Other Current Liab	0.2	0.81	0.14		0.31	0.82	0.77	-0.04	0.77	0.51	0.27	0.78	0.01	0.27	0.43	-0.01	0.74	0.72	0.13	-0.73	0.54	0.73	0.54	0.05	-0.47	0.68
Total Current Liabilities	0.15	0.53	0.93	0.31		0.38	0.45	0.6	0.45	0.36	0.07	0.46	-0.84	0.07	0.45	0.03	0.55	0.67	0.64	-0.57	0.93	0.32	0.53	0.91	-0.44	0.51
Total Stockholder Equity	0.12	0.99	0.18	0.82	0.38		0.93	-0.05	0.97	0.63	0.3	0.95	0.0	0.3	0.56	0.17	0.86	0.91	0.02	-0.87	0.65	0.89	0.66	0.1	-0.79	0.75
Property Plant And Equipment Net	0.1	0.95	0.31	0.77	0.45	0.93		0.28	0.98	0.47	-0.05	1.0	-0.15	-0.05	0.31	-0.12	0.88	0.95	0.21	-0.94	0.7	0.98	0.41	0.2	-0.66	0.69
Net Debt	-0.09	0.09	0.75	-0.04	0.6	-0.05	0.28		0.16	-0.29	-0.71	0.23	-0.75	-0.71	-0.35	-0.55	0.24	0.32	0.69	-0.37	0.52	0.26	-0.31	0.69	0.06	-0.02
Retained Earnings	0.06	0.98	0.3	0.77	0.45	0.97	0.98	0.16		0.52	0.09	0.99	-0.13	0.09	0.41	0.04	0.89	0.96	0.09	-0.94	0.71	0.95	0.52	0.2	-0.76	0.7
Accounts Payable	0.35	0.62	0.03	0.51	0.36	0.63	0.47	-0.29	0.52		0.48	0.51	0.04	0.48	0.67	0.37	0.52	0.53	0.05	-0.38	0.48	0.4	0.7	0.06	-0.48	0.71
Cash	0.02	0.25	-0.09	0.27	0.07	0.3	-0.05	-0.71	0.09	0.48		0.01	0.16	1.0	0.78	0.68	0.11	0.08	-0.34	0.0	0.1	-0.15	0.82	-0.08	-0.38	0.26
Non Current Assets Total	0.1	0.97	0.3	0.78	0.46	0.95	1.0	0.23	0.99	0.51	0.01		-0.14	0.01	0.35	-0.03	0.88	0.96	0.17	-0.94	0.71	0.97	0.46	0.21	-0.71	0.71
Non Currrent Assets Other	0.07	-0.16	-0.93	0.01	-0.84	0.0	-0.15	-0.75	-0.13	0.04	0.16	-0.14		0.16	-0.16	0.16	-0.29	-0.37	-0.53	0.31	-0.7	-0.03	-0.19	-0.91	0.13	-0.1
Cash And Short Term Investments	0.02	0.25	-0.09	0.27	0.07	0.3	-0.05	-0.71	0.09	0.48	1.0	0.01	0.16		0.78	0.68	0.11	0.08	-0.34	0.0	0.1	-0.15	0.82	-0.08	-0.38	0.26
Net Receivables	0.19	0.56	0.23	0.43	0.45	0.56	0.31	-0.35	0.41	0.67	0.78	0.35	-0.16	0.78		0.46	0.47	0.46	0.02	-0.31	0.52	0.16	0.95	0.28	-0.62	0.6
Good Will	0.04	0.12	-0.08	-0.01	0.03	0.17	-0.12	-0.55	0.04	0.37	0.68	-0.03	0.16	0.68	0.46		-0.09	0.03	-0.52	0.07	-0.02	-0.16	0.51	-0.02	-0.52	0.18
Non Current Liabilities Total	0.03	0.89	0.39	0.74	0.55	0.86	0.88	0.24	0.89	0.52	0.11	0.88	-0.29	0.11	0.47	-0.09		0.88	0.2	-0.9	0.83	0.82	0.57	0.26	-0.72	0.64
Inventory	0.12	0.96	0.53	0.72	0.67	0.91	0.95	0.32	0.96	0.53	0.08	0.96	-0.37	0.08	0.46	0.03	0.88		0.26	-0.94	0.85	0.89	0.57	0.45	-0.74	0.74
Other Current Assets	0.26	0.14	0.61	0.13	0.64	0.02	0.21	0.69	0.09	0.05	-0.34	0.17	-0.53	-0.34	0.02	-0.52	0.2	0.26		-0.23	0.52	0.15	0.03	0.61	0.18	0.27
Other Stockholder Equity	0.15	-0.91	-0.49	-0.73	-0.57	-0.87	-0.94	-0.37	-0.94	-0.38	0.0	-0.94	0.31	0.0	-0.31	0.07	-0.9	-0.94	-0.23		-0.79	-0.9	-0.46	-0.35	0.71	-0.53
Total Liab	0.12	0.76	0.8	0.54	0.93	0.65	0.7	0.52	0.71	0.48	0.1	0.71	-0.7	0.1	0.52	-0.02	0.83	0.85	0.52	-0.79		0.59	0.62	0.73	-0.62	0.64
Property Plant And Equipment Gross	0.09	0.89	0.2	0.73	0.32	0.89	0.98	0.26	0.95	0.4	-0.15	0.97	-0.03	-0.15	0.16	-0.16	0.82	0.89	0.15	-0.9	0.59		0.28	0.09	-0.61	0.63
Total Current Assets	0.14	0.67	0.31	0.54	0.53	0.66	0.41	-0.31	0.52	0.7	0.82	0.46	-0.19	0.82	0.95	0.51	0.57	0.57	0.03	-0.46	0.62	0.28		0.3	-0.69	0.63
Short Term Debt	-0.01	0.26	0.97	0.05	0.91	0.1	0.2	0.69	0.2	0.06	-0.08	0.21	-0.91	-0.08	0.28	-0.02	0.26	0.45	0.61	-0.35	0.73	0.09	0.3		-0.25	0.23
Intangible Assets	0.07	-0.78	-0.3	-0.47	-0.44	-0.79	-0.66	0.06	-0.76	-0.48	-0.38	-0.71	0.13	-0.38	-0.62	-0.52	-0.72	-0.74	0.18	0.71	-0.62	-0.61	-0.69	-0.25		-0.54
Common Stock	0.69	0.77	0.22	0.68	0.51	0.75	0.69	-0.02	0.7	0.71	0.26	0.71	-0.1	0.26	0.6	0.18	0.64	0.74	0.27	-0.53	0.64	0.63	0.63	0.23	-0.54

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Trex Account Relationship Matchups

Trex fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	116.3M	115.8M	111.9M	108.8M	125.1M	123.1M
Total Assets	770.5M	920.3M	933.7M	932.9M	1.1B	1.1B
Short Long Term Debt Total	28.6M	28.3M	246.0M	32.0M	36.8M	35.0M
Other Current Liab	59.8M	55.4M	41.2M	53.9M	62.0M	65.1M
Total Current Liabilities	106.4M	88.7M	290.6M	91.1M	104.7M	69.6M
Total Stockholder Equity	588.5M	725.0M	518.3M	716.7M	824.2M	865.4M
Property Plant And Equipment Net	370.9M	494.9M	620.9M	735.6M	846.0M	888.3M
Net Debt	(93.1M)	(112.8M)	233.6M	30.0M	27.0M	22.5M
Retained Earnings	737.3M	946.0M	1.1B	1.3B	1.5B	1.6B
Accounts Payable	38.6M	24.9M	19.9M	24.0M	27.6M	18.1M
Cash	121.7M	141.1M	12.3M	2.0M	2.3M	2.1M
Non Current Assets Total	448.5M	519.3M	646.9M	760.6M	874.7M	918.5M
Non Currrent Assets Other	3.9M	5.3M	(60.8M)	6.8M	6.1M	6.5M
Cash And Short Term Investments	121.7M	141.1M	12.3M	2.0M	2.3M	2.1M
Net Receivables	123.5M	160.6M	98.1M	50.7M	58.4M	47.0M
Good Will	67.4M	14.2M	14.2M	14.3M	16.4M	21.0M
Liabilities And Stockholders Equity	770.5M	920.3M	933.7M	932.9M	1.1B	1.1B
Non Current Liabilities Total	75.6M	106.6M	124.8M	125.2M	143.9M	74.4M
Inventory	68.2M	83.8M	141.4M	107.1M	123.2M	129.3M
Other Current Assets	8.6M	15.6M	35.1M	12.5M	14.3M	11.4M
Other Stockholder Equity	(150.2M)	(222.4M)	(613.7M)	(620.8M)	(558.7M)	(530.8M)
Total Liab	182.0M	195.3M	415.4M	216.2M	248.6M	144.0M
Property Plant And Equipment Gross	336.5M	494.9M	620.9M	1.0B	1.2B	1.3B
Total Current Assets	322.0M	401.1M	286.8M	172.3M	198.1M	140.5M
Short Term Debt	32.0M	26.2M	229.5M	13.2M	15.1M	29.0M
Intangible Assets	5.2M	4.8M	4.4M	4.0M	3.6M	5.8M
Common Stock	1.4M	1.4M	1.4M	1.4M	1.6M	1.7M
Common Stock Total Equity	700K	702K	1.4M	1.4M	1.6M	1.7M
Other Assets	3.6M	38.3M	5.3M	7.4M	8.5M	5.0M
Property Plant Equipment	171.3M	336.5M	494.9M	620.9M	714.0M	749.7M
Other Liab	30.2M	47.0M	78.3M	100.8M	115.9M	121.7M
Current Deferred Revenue	2.4M	1.4M	68.2M	18.9M	21.7M	14.8M
Net Tangible Assets	375.1M	514.9M	706.0M	499.8M	574.7M	603.5M
Retained Earnings Total Equity	416.9M	561.7M	737.3M	946.0M	1.1B	1.1B
Capital Surpluse	124.2M	124.0M	126.1M	127.8M	147.0M	127.8M
Deferred Long Term Liab	2.1M	9.8M	23.0M	44.0M	50.6M	53.1M
Treasury Stock	(198.9M)	(237.2M)	(276.3M)	(350.2M)	(315.2M)	(299.4M)
Non Current Liabilities Other	54.6M	52.7M	11.6M	16.6M	14.9M	22.8M

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Trex Net Receivables vs Cash And Short Term Investments Analysis

Net Receivables vs Cash And Short Term Investments

Net Receivables vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Net Receivables

Cash And Short Term Investments

Trex fundamental ratios Correlations

Trex Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Trex fundamental ratios Accounts

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Additional Tools for Trex Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Retained Earnings
Retained Earnings	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Property Plant And Equipment Net

Other Stockholder Equity	- 0.94	Inventory
Other Stockholder Equity	- 0.94	Non Current Assets Total
Other Stockholder Equity	- 0.94	Retained Earnings
Other Stockholder Equity	- 0.94	Property Plant And Equipment Net
Non Currrent Assets Other	- 0.93	Short Long Term Debt Total
Short Term Debt	- 0.91	Non Currrent Assets Other